RegAlertRule · BCB · 24 Aug 2020 · Resolução CMN 4845
CMN Resolution No. 4845 of August 24, 2020
This resolution amends the annual global limit for credit operations with public sector entities for the year 2020 by modifying the Annex to Resolution No. 4,589 of June 29, 2017. It establishes specific caps for operations with and without Union guarantees, setting the total limit for 2020 at R$18.4 billion, with R$7.5 billion for Union-guaranteed operations and R$10.5 billion for non-guaranteed operations. The regulation applies to financial institutions and other entities authorized by the Central Bank of Brazil and entered into force on the date of its publication.
Resolution No. 4,845
CMN RESOLUTION NO.
4,845, OF AUGUST 24, 2020
Regulatory document revoked, as of 5/2/2022, by CMN Resolution No. 4,995, of 3/24/2022.
Amends the annual global limit for contracting credit operations with public sector entities in 2020, to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil, through the amendment of this limit in the Annex to Resolution No. 4,589, of June 29, 2017.
The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on August 24, 2020, considering the provisions of Article 4, items VI and VIII, of the aforementioned Law,
D E C I D E D:
Article 1. The Annex to Resolution No. 4,589, of June 29, 2017, shall enter into force with the alterations contained in the Annex to this Resolution.
Article 2. This Resolution enters into force on the date of its publication.
Roberto de Oliveira Campos Neto
President of the Central Bank of Brazil
ANNEX
(Annex to Resolution No. 4,589, of June 29, 2017)
Annual limit for contracting credit operations with public sector entities to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.
| Year | Operations with Union guarantee | Operations without Union guarantee | Total |
| 2018 | Up to R$13,000,000,000.00 | Up to R$11,000,000,000.00 | Up to R$24,000,000,000.00 |
| 2019 | Up to R$13,500,000,000.00 | Up to R$11,000,000,000.00 | Up to R$24,500,000,000.00 |
| 2020 | Up to R$7,500,000,000.00 | For entities of the States, Federal District, and Municipalities Up to R$10,500,000,000.00 | Up to R$18,400,000,000.00 |
| For entities of the Union Up to R$400,000,000.00 |
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- Definition / condition 9
- background, boilerplate
Lineage: Superseded
A newer document in RegAlert replaces this one.
The links and the sentences they come from (3)
- Superseded by
“CMN Resolution No. 4,845, of August 24, 2020”
- Amends
“Amends the annual global limit for contracting credit operations with public sector entities in 2020... through the amendment of this limit in the Annex to Resolution No. 4,589, of June 29, 2017.”
- Issued under
“The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council...”
Timeline
Amended 1 time · last 2022-03-24
- 2022-03-24
BCBCMN Resolution No. 4,995 — Revises and Consolidates Rules on Credit Limits for Public Sector Operationssupersedes
This document amends: CMN Resolution No. 4589 - Defines exposure limit and annual global credit limit for public sector entities
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